Awareness of Economic Devastation
Basic Information of Hurricane Katrina
Category 5/ Category 3 at landfall
Up to 9 meters of rain in some places, 100-140 mph winds, took about 3-4 days to pass
Areas affected ( directly or indirectly ) : Alabama, Florida, Georgia, Louisiana, Mississippi.
The most recent data, for 2012-13, showed that 4,203 more people moved into the state than out of it. At that rate, it will take Louisiana about 33 years to recover the migration loss due to Katrina.
Within four days of Katrina’s landfall on Monday, Aug. 29, 2005, then-President George W. Bush signed a $10.4 billion aid package and ordered 7,200 National Guard troops to the region.
More than 200,000 homes, mostly in New Orleans and the surrounding area, were destroyed by the hurricane, far surpassing any previous disaster. New Orleans lost 190,000 jobs and employment fell by more than 30 percent from August 2005 to December 2005. Statewide, Louisiana lost 214,000 jobs, or 12 percent of the state's total.
Seven years after Hurricane Katrina, New Orleans' homeless population is estimated at 4,900, nearly two and a half times bigger than before the levees failed. The majority of the homeless sleep in the 40,000 abandoned buildings that remain as a legacy of the storm.